Las Vegas Real Estate News

Now more than ever, cash is king in real estate

The neighborhood of Legend Hollow Court in Henderson is photographed Thursday, October 28, 2010.

One in three buyers of U.S. homes is paying cash, a record high number, according to data made available to McClatchy. The trend is being driven by retiring ...

Slight dip in Las Vegas home prices as investors back off

A home for sale in Clark County.

For just the third time in more than two years, Las Vegas home prices have slipped a little. The median sales price of previously owned single-family homes in Southern Nevada last month was ...

Lobster Me opens at Venetian; Martinez Taco Bar spices up Aliante area

The Bahn Mi sandwich at Lobster Me

A shop for lobster lovers cracked open at the Venetian. Meanwhile, Binion’s doubled down on cowgirl-themed section and a new taco bar debuted in North Las Vegas ...

House flipping becoming less prevalent in Las Vegas

A for sale sign stands in front of a bank-owned home in Las Vegas in 2008.

Flipping, the get-rich-quick tactic that pushed Las Vegas home prices to absurd heights in the boom years, is declining in popularity this year after a boost in 2013. The sales, in which homeowners unload...

In Las Vegas home market, buying increasingly beats renting, report finds

A vacant home is shown in North Las Vegas April 2, 2013. A neighbor said it has been vacant for about six months. (1513  Splinter Rock, North Las Vegas)

As any real estate agent is quick to point out, home ownership in Las Vegas becomes cheaper than renting at a faster pace than in most other cities. Just a year ago ...

Home prices in major US cities flat in February

A house is shown for sale in Henderson.

Year-over-year gains in home prices in large U.S. cities slowed in February, another sign the market cooled before the spring home buying season kicked ...

Mortgage lenders see big drop in business with end of refi boom

A home for sale in Henderson.

Residential mortgage lending has been in a nosedive since the end of the refinancing boom last year, heralding leaner times for ...

Report: Las Vegas home prices continue steady surge

Realtor Helen Riley and Fafie Moore, a Realty Executives owner/broker, leave a home being offered for sale in Henderson on Monday, April 8, 2013.

Las Vegas home values keep on climbing. The median home value in the quarter ending March 31 was $170,900, up 22 percent from a year earlier. The growth rate was ...

Developers moving forward on huge North Las Vegas master plan community

Developers planning to build 15,000 homes in North Las Vegas told the city council today they hope to have shovels in the ground before the end of the year on one of the...

Deutsche Bank said to seek sale of Cosmopolitan resort

An exterior view of the Cosmopolitan hotel tower Monday, March 11, 2013.

http://www.bloomberg.com/news/2014-04-16/deutsche-bank-said-to-seek-sale-of-cosmopolitan-las-vegas-resort.html

Report: Las Vegas’ industrial space a turnoff for companies eyeing move here

The Las Vegas Global Economic Alliance has released a report saying dozens of companies that considered moving here picked other cities largely because of a dearth of big, available industrial properties ...

Lenders are repossessing fewer Nevada homes as foreclosures dip

A sign is posted outside a vacant HUD home in North Las Vegas April 2, 2013. A neighbor said that it has been vacant for a bout two years. (1524 Gaber Court, North Las Vegas)

Nevada’s foreclosure rate was sixth highest in the country last month, after Florida, Maryland, Indiana, Ohio and Illinois. One in every 701 housing units statewide received ...

Inventory of Las Vegas homes climbs along with prices

Key boxes are shown at vacant home in North Las Vegas April 2, 2013. A neighbor said it has been vacant for about six months. (1513  Splinter Rock, North Las Vegas)

In Las Vegas, home prices have been climbing at one of the fastest rates in the country as investors, looking to capitalize on the housing crash, bought cheap homes in bulk to ...

Mysterious group buys underground doomsday house in Las Vegas

Built in the 1970s, this mysterious underground house at 3970 Spencer St., photographed on Thursday, Aug. 22, 2013, can house a family for as long as one year without having to resurface.

The famed underground house near Flamingo Road was built as a spacious Cold War bunker, to keep people alive and entertained in case the Soviets wiped out Las Vegas with ...

Court hearing on fraud-related charges for father of quints delayed until June 20

Deon Derrico speaks about the birth of his quintuplets during a news conference, Friday, Sept. 20, 2013, at Summerlin Hospital Medical Center in Las Vegas, following their births two weeks earlier in Phoenix.

Deon Derrico, the father of a set of Las Vegas quintuplets, will wait to have his day in court on real-estate fraud charges. This morning in North Las Vegas Justice Court, a preliminary hearing for Derrico was continued until …